Azerion Group Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	58	90.6	40.3	50.9	35.3
Cash & Short-Term Investments	58	90.6	40.3	50.9	35.3
Cash Growth	-35.98%	124.81%	-20.82%	44.19%	239.55%
Accounts Receivable	163.4	103.6	119.1	120	86.9
Other Receivables	2.8	43.5	73.2	30.6	15.6
Receivables	166.2	166.4	192.3	150.6	102.5
Prepaid Expenses	-	7	5.8	7.7	2.3
Other Current Assets	13.2	12.1	-	-	-
Total Current Assets	237.4	276.1	238.4	209.2	140.1
Property, Plant & Equipment	12.9	24.3	17	20.5	18.5
Long-Term Investments	13.9	12.8	0.1	0.1	0.1
Goodwill	189.4	192.6	187.1	184.2	123
Other Intangible Assets	120.4	167	176.3	186.2	141.8
Long-Term Deferred Tax Assets	2.8	1.5	2.3	1.5	4.2
Other Long-Term Assets	5.1	4.8	12.3	2.1	2.6
Total Assets	581.9	679.1	652	638.5	463.7
Accounts Payable	157.8	137	142	111.9	63.5
Accrued Expenses	68.7	97.5	112.7	103.7	78
Short-Term Debt	-	0.3	1.1	3	2.6
Current Portion of Long-Term Debt	5.1	17.9	7.3	4.9	4.2
Current Portion of Leases	3.7	6.7	4.2	4.9	4.7
Current Income Taxes Payable	12.4	11.8	13.4	5.4	3
Other Current Liabilities	74.4	44.8	41.6	50.8	54.5
Total Current Liabilities	322.1	316	322.3	284.6	210.5
Long-Term Debt	217.1	256	161.9	201.5	199
Long-Term Leases	4.5	12.7	10.1	14.3	14.3
Pension & Post-Retirement Benefits	-	1.1	0.8	1	1
Long-Term Deferred Tax Liabilities	10.2	20.4	30	25.3	29.8
Other Long-Term Liabilities	4.4	15.7	17.3	15.6	16
Total Liabilities	558.3	621.9	542.4	542.3	470.6
Common Stock	1.2	1.2	1.2	1.2	-
Additional Paid-In Capital	143.7	143.6	140.2	130.8	0.5
Retained Earnings	-140.2	-105.2	-47.9	-79.6	-45.5
Comprehensive Income & Other	10	10.8	10.8	41.4	36.4
Total Common Equity	14.7	50.4	104.3	93.8	-8.6
Minority Interest	8.9	6.8	5.3	2.4	1.7
Shareholders' Equity	23.6	57.2	109.6	96.2	-6.9
Total Liabilities & Equity	581.9	679.1	652	638.5	463.7
Total Debt	230.4	293.6	184.6	228.6	224.8
Net Cash (Debt)	-172.4	-203	-144.3	-177.7	-189.5
Net Cash Per Share	-	-1.67	-1.17	-1.57	-2.12
Filing Date Shares Outstanding	-	122.19	120.28	111.48	111.48
Total Common Shares Outstanding	-	122.19	120.28	118.32	0.12
Working Capital	-84.7	-39.9	-83.9	-75.4	-70.4
Book Value Per Share	-	0.41	0.87	0.79	-73.15
Tangible Book Value	-295.1	-309.2	-259.1	-276.6	-273.4
Tangible Book Value Per Share	-	-2.53	-2.15	-2.34	-2325.56
Machinery	-	17	11.7	10.5	4.7

Source: S&P Global Market Intelligence. Standard template. Financial Sources.